DENVER-CBRE Capital Markets arranged $93.72 million worth of mortgage-refinancing loans for three Class A apartment towers in Highlands Ranch, Denver, owned by New York-based TIAA-CREF Global Real Estate.
All the loans are 10-year fixed and interest-only mortgages. The loans include $33.38 million for the 456-unit Blue Ridge apartment at 6002 Blue Ridge Dr., $33.22 million for the 424-unit Green River apartment at 6602 Green River Dr., and $27.12 million for the Red Canyon apartment at 6202 Red Canyon Dr. For the full story, go to Denver Business Journal.
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